Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Government, Business

US Won’t Cut More China Tariffs Until After November Vote

Existing tariffs on billions of dollars of Chinese goods coming into the U.S. are likely to stay in place until after the presidential election Nov. 3, and any move to reduce them will hinge on Beijing’s compliance with the terms of a phase-one trade accord, people familiar with the matter said.

January 14, 2020
Government, Business

Senate to Vote on USMCA This Week, McConnell Says

The Senate will pass the U.S. trade deal with Mexico and Canada this week before President Donald Trump’s impeachment trial begins, Majority Leader Mitch McConnell said.

January 14, 2020
Business, Equipment

Endurant AMT Now Standard in Three International Models

Eaton Cummins Automated Transmission Technologies announced its Endurant 12-speed automated transmission is standard equipment on International LT Series, RH Series and LoneStar heavy-duty trucks.

January 14, 2020
Government, Business

Maine to Fund Fewer Road Projects Amid ‘Slow Decline’ of Transportation System

AUGUSTA, Maine — The Maine Department of Transportation released a three-year road and bridge funding plan Jan. 14 that will use more money to fund fewer projects, a symptom of rising construction costs and chronic underfunding of the state system.

Michael Shepherd | Bangor (Maine ) Daily News
January 14, 2020
Government, Business, Technology, Safety

FMCSA Representatives Provide Updates on Datasets, Projects

WASHINGTON — The Federal Motor Carrier Safety Administration is preparing to make trucking industry registration data available through its Analysis & Information Online repository.

Eleanor Lamb | Staff Reporter
January 14, 2020
Government, Business, Safety

FMCSA’s Top Priority in 2020: Reducing Large-Truck Fatalities

WASHINGTON — Federal Motor Carrier Safety Administration Acting Administrator Jim Mullen has tasked his entire agency with finding ways in 2020 to turn around an increase in large-truck fatalities over the past four years.

Eric Miller | Senior Reporter
January 14, 2020
Government, Business, Technology, Safety, Autonomous

ATRI Calls on Feds to Step Up AV Policy Efforts

The federal government needs to do more to establish a comprehensive policy regarding autonomous vehicle technology in the trucking industry, according to the latest research from the American Transportation Research Institute.

Eleanor Lamb | Staff Reporter
January 14, 2020
Business, Technology, Safety, Autonomous

BMW, Daimler’s Self-Driving Venture May Attract Fiat Chrysler

BMW AG and Daimler AG’s self-driving car venture may attract more partners, with Fiat Chrysler Automobiles NV a front-runner to get on board at a time when the German automakers are working to select suppliers by the end of the year.

Christoph Rauwald | Bloomberg News
January 14, 2020
Business, Logistics

XPO Logistics Names Kurt Rogers Chief Legal Officer

XPO Logistics Inc. announced Jan. 9 that it has appointed Kurt Rogers as its new chief legal officer and corporate secretary.

Connor D. Wolf | Staff Reporter
January 14, 2020
Government, Business, Safety, Fuel, TCA

States Question Safety of Shipping LNG by Rail

The Trump administration’s plan to allow liquefied natural gas to be shipped by rail, in trains with as many as 100 tanker cars, lacks essential safeguards and exposes communities nationwide to the risk of lethal fires and explosions, representatives of California and other states said Jan. 13.

Bob Egelko | San Francisco Chronicle
January 14, 2020